3 Simple Ways to Access International Currency for Your Business
A significant aspect of running a global business is accessing foreign currency. For businesses in Africa, where international transactions can be particularly intricate, finding reliable methods to convert and access foreign currency at competitive rates is paramount. Verto offers three simple yet powerful solutions to address this challenge: FX (Foreign Exchange), Marketplace, and Advanced Liquidity.
1. FX: Verto's Foreign Exchange Solution stands out as a comprehensive tool for businesses engaged in global transactions with the capability to convert currencies for over 50 countries and transactions in 170+ countries. What sets it apart is the absence of transaction limits, allowing businesses the flexibility they need.
Our FX solutions help you protect your profit and maximise your return with competitive currency conversion rates. You can convert currencies at five times lower rates than high-street banks, resulting in substantial cost savings, especially for businesses dealing with large volumes of transactions. All orders for conversions are performed instantly. You can also set your target exchange rate and receive instant notifications for that rate. With around-the-clock access to pricing and execution on 100+ currency pairs. Verto’s FX service is a cost-effective solution for businesses dealing with international transactions.
2. Marketplace: Verto’s Marketplace is a unique peer-to-peer platform where businesses can trade currencies directly with each other. This innovative solution bypasses the traditional banking system, resulting in lower fees and better exchange rates. In the Verto FX Marketplace, you can post your currency needs and match with businesses looking to trade the opposite currency pair. Businesses can negotiate and convert at their preferred exchange rates, either by accepting existing offers from other businesses on the platform or by placing their own rates. By eliminating intermediaries, Verto empowers businesses to trade directly with other businesses and liquidity providers, streamlining the currency exchange process and ensuring a fair and secure environment. Our process is transparent and secure with no hidden charges.
Learn more about Verto's Global Foreign Currency Exchange Suite
Learn more3. Advanced Liquidity: Verto’s advanced liquidity grants qualified clients exclusive access to emerging market currency float/liquidity. This unique feature allows businesses to continue trading even when traditional banks may not be processing payments, minimising exposure to FX volatility and enhancing operational efficiency. Advanced Liiquidity levels the playing field by offering businesses of all sizes access to a liquidity service normally reserved for larger organisations.
By offering competitive rates, flexibility, transparency, and access to liquidity, Verto is not only simplifying international transactions but also helping businesses maximize their returns. Whether it’s converting currencies for global transactions, trading currencies directly with other businesses, or accessing emerging market currency float, Verto provides a comprehensive, cost-effective, and secure solution for all your foreign currency needs.
Contact us for more information at support@vertofx.com or get started today!